The World Trade Organization (WTO) announced on July 16, 2025, that its members have expressed a strong desire for revitalized efforts concerning the transfer of technology. This sentiment was conveyed during a recent meeting where a new Chair for the relevant committee was also elected.
The meeting underscored a renewed commitment from WTO members to facilitate the crucial process of technology transfer. This objective is recognized as vital for fostering economic development, promoting innovation, and ensuring inclusive growth across all member economies. Discussions highlighted the importance of addressing existing challenges and exploring new avenues to make technology more accessible, particularly for developing countries.
In this context, the election of a new Chair is a significant development. The incoming Chair is tasked with guiding the committee’s work forward, building on previous discussions and Member inputs. Their mandate will likely involve steering the committee towards concrete proposals and initiatives that can effectively address the complexities of technology transfer in the global trade landscape.
The emphasis on reinvigorating work in this area reflects a broader recognition of technology’s role in addressing global challenges, from climate change to public health. WTO members are keen to ensure that the multilateral trading system supports and enables the diffusion of technologies that can contribute to sustainable development and improved living standards worldwide.
Further details regarding the specific outcomes of the meeting and the priorities of the newly elected Chair are expected to be shared as discussions progress within the WTO framework. The organization remains committed to fostering an environment where technological advancements can be shared and utilized for the collective benefit of its global membership.
Members call for reinvigorated work on technology transfer, elect new Chair
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